SPX500 - SHORT - H8
Possible Short trade, Took it on the 8 hour chart, which showed a good cloud break out and a 0.618 Fib level bounce.
Similar to my GER30 Short earlier today, SPX500 is also under the Weekly Ichimoku Cloud which will act as resistance.
TP is just above the -0.27 fib level
SL is above the recent high @ the 0.618 fib bounce and H8 Cloud
Only posting to develop my own personal discipline and skill
Possible Short trade, Took it on the 8 hour chart, which showed a good cloud break out and a 0.618 Fib level bounce.
Similar to my GER30 Short earlier today, SPX500 is also under the Weekly Ichimoku Cloud which will act as resistance.
TP is just above the -0.27 fib level
SL is above the recent high @ the 0.618 fib bounce and H8 Cloud
Only posting to develop my own personal discipline and skill